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For everyone that would like to follow the development, I have created a GitHub Repository:

https://github.com/Tosch110/SuperNet-Lite

Please feel free to write comments, experiences or ideas you have to improve the client.

Excited really.

Where exactly are the coins when I would put them in there? I assume on MGW addresses?

Yes. Coins are deposited on multisig addresses bound to the Nxt/SuperNET address that requested the deposit address. All coins sent to that address will trigger in the MGW servers an asset transfer with the corresponding amount of superCOIN.

Please remember that the deposit addresses are exactly that - a way to make deposits of other coins into the Nxt blockchain using assets, and that you should not search those addresses in the coin blockchain to check the coin balance in your Nxt account. Your balance is the number of assets you have, while the balance in MGW addresses will fluctuate due to internal redistribution of coins across multiple multisig accounts.

There is a question I have: Where is the blockchain that it uses?
(...)
Where is the NRS located that I am communicating with? I have local copy running does it use that one?

SuperNET Lite does not use any local blockchain, it can be run standalone. It uses Jay Nxt public nodes (see http://jnxt.org/)

Note that you can also access a Nxt Jay Wallet within SuperNET Lite. Click on the Menu button in the top right, and select "Advanced".

Another question is regarding the 'PIN' number- I couldn't find any explanation about that,  waht about that?

Since the early releases of SuperNET Lite were aimed to be as accessible as possible for new users, the PIN login feature was introduced as a way to simplify both the login process and the authentication to send transactions to the network.

In the login page you can introduce your passphrase only once, and vinculate it to a short PIN. The passphrase is cached, and from then on (or at least for as long as you don't clean your browser's cache) you can select the imported account from the login drop down box, and just type the PIN to login. When submitting a transaction, the cached password will be used to sign the transaction locally and then broadcast it to the Nxt network. So same as with Jay or MyNxt wallet, the passphrase does not leave your computer.   

However, the particular details of different login options in the next releases are still being discussed.

To Share some discusssions that happened on Slack about the Client:

After using NXT the thought of a persistent passphrase on my local drive makes me nervous.

@sabertooth:  Yep same here, that's why I am not to eager to use the super light client with an account of value.

every transaction is created within the framework and then sent to the nodes, so they do not see the passphrase which is store locally and encrypted

just like the btc wallet.dat

Thanks for the input, tosch. I can say it's been impossible for me to retrieve any passphrase strings from the hard drive where I'm running SN lite.

For more details, it is AES encrypted. You can find the details here: https://code.google.com/p/crypto-js/#AES

So the passphrase is encrypted? Well that is definitely better then plain text, as I first thought it was.
But still, a 4 digit Pin means there are just 9999 possibility's. I would presume that one could brute force that within a fraction of a second?

if your computer is allowing hacker to run iterations against private files, you have more problems

you import or create a passphrase in the lite client which you provide with a PIN. You can always clear cache to get rid of this information, it provides an "easy" access which is not meant to live forever in your browser. Just handle your passphrase safe as "private Key" and if you need to do some superNET transactions import it with a PIN to get easy access. Clear Cache to feel secure again (edited)

I am assuming the pass won't be saved if I drop the supernet html file into a private browsing tab. (edited)

that is correct

it is saved for the session until you close the browser (edited)

yep works just fine

Would love to see a jnxt.org/nxt edition where I don't have to enter my passphrase.

Hi Guys, trying out the 'share swap' facility for first time ... I have a swap that I would like to process both from same originating account ... I'm getting "Reddem acccont doesn't seem valid."

Apart from the spelling ... lol ... Is this correct, am I doing something wrong ?

Also, I was unable to process dividend payments in last beta version, is this version working for dividends ?

Thanks in advance, cheers
House

Ok thanks for the prompt reply valarmg


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Can this bug be fixed in the next SUPERNET release:

https://nxtforum.org/nxtservices-releases/dividends-release/msg191694/#msg191694

The dividend bug is very persistent in every SUPERNET V2 release, but works on SUPERNET V1, so please fix it devs.

yes, I will have a look at this

A question which came to mind. Any reason you would like to use SuperNET dividends else than native Nxt function?
I am asking because I would tend to use the native Nxt Dividend & Voting instead of the SuperNET version which you can find on the "Advanced" tab.

Or can the SuperNET version do anything the native Nxt version cannot?

Quote from: SafeFund on September 07, 2015, 05:37:41 pm

Can this bug be fixed in the next SUPERNET release:

https://nxtforum.org/nxtservices-releases/dividends-release/msg191694/#msg191694

The dividend bug is very persistent in every SUPERNET V2 release, but works on SUPERNET V1, so please fix it devs.

yes, I will have a look at this

A question which came to mind. Any reason you would like to use SuperNET dividends else than native Nxt function?
I am asking because I would tend to use the native Nxt Dividend & Voting instead of the SuperNET version which you can find on the "Advanced" tab.

Or can the SuperNET version do anything the native Nxt version cannot?

Honestly I have no Idea, i have used the 2.05 so far and that was the only option available.

I will upgrade to 2.06 and see what is new here.